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B-schools want more students to become entrepreneurs this year

EntrepreneursWith the placements season fast approaching, top B-schools across the country are to ensure they churn out as many entrepreneurs as possible. They are forming entrepreneurship cells/clubs, collaborating with associations, organising lectures and seminars, besides arranging for consulting projects with small and medium enterprises (SMEs) and non governmental organisations (NGOs).

Jamnalal Bajaj Institute of Management Studies (JBIMS), for instance, has planned events to help students realise their “true calling”. The entrepreneurship cell at JBIMS has an online incubation center, which facilitates interaction between students with business ideas and industry stalwarts who can help students with development and implementation of ideas in to a business venture. Any student of JBIMS (past or present) can join the portal as mentee and professors or people from industry alumni can join as mentors to encourage innovative business products.

“This year onwards, we have implemented the placement holiday initiative wherein a student can take a break from the regular placement process and start their own venture. If by any chance they want to come back, they can come back in two years time and sit for the placement process. We also have a tie-up with National Entrepreneurship Network (NEN) and premier engineering colleges in Mumbai which will help students with the technical knowledge for their endeavours,” said a member of the E-cell.

Young Indian MBAs, according to a recent survey by an MBA portal, say they are keen on choosing entrepreneurship as a full-time career option this year. Over 200 students across 15 top Indian B-schools had participated in the survey.

Last year, the Indian School of Business (ISB) produced more number of entrepreneurs than ever with about 30 students submitting their ideas to the institute, of which about 50 per cent were shortlised for getting the required support from ISB for blossoming these into business ventures.

To encourage this trend, the Entrepreneurship Club at Indian Institute of Management, Ahmedabad (IIM-A), too, recently held its annual entrepreneurship summit ‘Dream Big India 2010’. The event aims at providing a platform to entrepreneurs to launch themselves, and to inspire the remaining bunch to dream big.

And, to mark its 25th year of existence, IIM Lucknow —which produced seven entrepreneurs last year — added a new chapter of entrepreneurial activity on campus with several new initiatives — one of them being Entrepreneurship @ Unitus. The event gives the students an opportunity to work with Unitus for a few months, part-time or full-time based on their interest. The institute’s laboratory on entrepreneurship motivation also had other events lined up like Nirvan, IIM-L’s annual entrepreneurship summit with various competitions and guest sessions to raise the entrepreneurship influence on campus.
 
Technical high schools directed to share resources with govt engineering colleges

Govt Engg CollegeTHE Directorate of Technical Education has directed technical high schools run by the government to share resources with the government engineering and polytechnic colleges. The number of seats in engineering and polytechnic colleges was doubled in 2009-10, to check the outflow of students looking towards higher technical education.

The new directive is meant to fulfil the requirements of the increased number of students at the higher levels. For the same, the principals of government technical high schools have been directed to inform the principals of engineering and polytechnic colleges about the instruments, academic research and experimentation work at the schools for better cooperation and sharing of resources.
Each school has been allotted a college, which has to be kept in the loop.

Twenty-eight technical high schools across Gujarat have been directed through a Government Resolution (GR) for maximum utilisation of resource. The principals of the technical schools and colleges have been directed to hold meetings and chart ways for co-operation in resources.

A total of 17,000 seats across 23 engineering colleges have been increased taking the total number of seats to 35,000.

The increase to make enough seats available for all the science stream pass-outs who may have wanted to join an engineering course.

The GR sent to the technical high schools last month reads: “After 10 government engineering colleges and nine government polytechnic colleges were started last years, a huge number of seats were increased in engineering and polytechnic courses in the current academic year.”
 
11,000 MBA aspirants to take online CAT re-test

CAT Nearly 11,000 MBA aspirants, who could not take the online Common Admission Test (CAT) due to technical glitches last year, will take the examination over Saturday and Sunday. The second phase of the exam to select students for the country's top B-schools, will be conducted in around 40 centres across the nation, including nine in Delhi.

CAT 2009 results in February: Ulhas Vairagkar, of coaching institute TIME, said: 'There are 11,000 students, 2,000 in Delhi, who have been identified across the country for the CAT re-test. These students couldn't take the exam because of technical problems earlier.' 'However, we can not say for sure how many will actually take the re-test since a number of them must have already appeared for other MBA entrance tests,' he added.

'As a result of the technical problems and students being unable to take the test, the date for the results has also been postponed. Earlier, the result was to be declared on Jan 22, but now it will be out Feb 15,' Vairagkar said.

CAT schedule extended; exam on Dec 8 in 20 cities

'Since the results will be delayed, the students will get less time to prepare for the group discussion and interview. But the admission process as such will remain unaffected,' he added.

At least 241,000 Masters in Business Administration aspirants had registered to appear for the first online CAT examination spread over 11 days from Nov 28 last year. However, all students could not appear for the exam due to technical glitches.
 
Five Indian universities/colleges adopt Synopsys' VLSI design curriculum

VLSISynopsys has announced the adoption of its comprehensive VLSI design curriculum in five regional centers in India. They are Visvesvaraya Technologics University (VTU) in the State of Karnataka, Jawaharlal Nehru Technological University (JNTU) Hyderabad in the State of Andhra Pradesh, North East Technical Education Society (NETES) serving the State of Assam and eight other North East states, Bhubaneswar Institute of Technology (BIT) in the State of Orissa, and Chitkara University in the States of Punjab and Himachal Pradesh, where a Masters program in microelectronics was announced earlier.

Seer Akademi is an educational content provider for Synopsys University Programs, and its methodology focuses on a unique combination of local and online faculty with skill-matrix-based learning.The curriculum offered in collaboration with Seer Akademi, the program features a computing environment, use of Synopsys software tools and IC design flow, and access to experienced faculty.

The curriculum will be used in classroom instruction, training and research to help advance the circuit design and fabrication knowledge of India's engineering graduates and working engineers. Courses will be conducted via interactive online webinars, social networking media and live sessions with academic and industry experts.

Synopsys says, new programs in embedded systems, alternate energy, electronics entrepreneurship and smart grid technology will also be created. Courses are planned to be available starting fall 2010.

The curriculum is part of the Synopsys Worldwide University Program, and developed by the Synopsys Armenia Education Department (SAED). This educational model of university-industry cooperation was successfully implemented in Armenia, Russia and China before being adopted by universities in India. Working with Seer Akademi, SAED will also provide the regional centers of excellence with the industry experts and academic faculty to supervise Master theses and PhD dissertations.

"Working with these regional centers of excellence is a key foundational step in enabling the developing Indian semiconductor industry by providing a skilled work force. Together, we intend to become an important source of this key resource," said Rich Goldman, vice president of corporate marketing and strategic alliances at Synopsys.

"With the growth of the electronics in India, we need to establish new ways to create a workforce skilled in using the latest advanced technologies or we may not be able to keep up with the opportunities that come our way," said Prof. Srikanth Jadcherla, chairman and CEO of Seer Akademi. "This initiative is powerful because it combines advanced education and research to build an entrepreneurial ecosystem in the region. This ecosystem can play an important role in fostering the technology talent India will need. Synopsys has been successful in establishing practices to help develop a highly qualified workforce in several other countries. We want to bring this success to the Indian students."

"We see areas such as solar, wind and smart grids shaping the Indian landscape in the coming years," said Prof. Lalkishore, rector of JNTU Hyderabad. "We have hence initiated this collaboration with Synopsys and Seer Akademi to make this happen. Our graduates are sought the world over due to various such programs undertaken by JNTU Hyderabad."

"In the northeastern region of India, except for Assam, there was hardly any facility for technical education and advanced research until about five years back. Besides the governments, now the private engineering colleges are coming up with a mission and vision to initiate serious research and training facilities. NITS Mirza, under North East Technical Education Society is one such establishment that has forged ahead with generous support from Synopsys and Seer Akademi for training the engineering students for better employability," said Dr. A. K. Gogoi, president of NETES. "We have severe problems of communication in the region, coupled with getting qualified technical personnel. In this regard, Seer Akademi has helped us bridge the gaps, with Synopsys bringing us close to the international standards of training and research."

For more details visit www.seerakademi.com
 
From 2011, educational degrees a click away for students
Starting 2011, students across India will be able to get their educational certificates at the click of a mouse, a radical move that will help curb forgery of certificates. Human Resource Development (HRD) Minister Kapil Sibal Tuesday announced that students of schools, technical colleges and universities will be able to get their certificates through a centralized online pool for a fee.

All school boards, technical colleges and universities will deposit their educational degrees in a centralised online 'depository', he told a news conference here. 'From the depository, students can get their certificates online by paying a nominal fee. They can get a printout of their degrees from home. This will help students, who otherwise have to run around for it,' Sibal said. If an employer wants to see whether documents furnished by a candidate are genuine or not, it can contact the depository and verify it by paying a nominal fee, Sibal added.

He said this would also eliminate the need for people to approach educational institutions for verification of such degrees. It will also reduce the need for institutions to preserve records related to academic performance of students over a long time.

'The system will also reduce the scourge of fake certificates. The system would ensure authenticity, fidelity and enabling online verification,' Sibal added.

The minister said he had set up a task force comprising IIT-Kanpur director Sanjay Dhande, IIT-Kozhikode director Debashis Chatterjee, All-India Council for Technical Education chairman S.S. Mantha, UGC vice-chairman Ved Prakash, Central Board of Secondary Education chairman Veneet Joshi, a joint secretary of department of financial services, and some senior officials from the HRD ministry.

The task force will submit a road map by March 31 this year. 'We will bring a legislation to implement it compulsorily,' Sibal added.

The system would be put in place by next year.

'Holding of academic qualification in an electronic depository provides immense benefits to educational institutions, students, alumni and employers by enabling online access of academic qualifications,' he said.

'The system will be user friendly. Students, educational institutions and employers all will get safety against forgery.'

The minister said the two depositories - National Security Depository Ltd (NSDL) and Central Depository Services (India) Ltd (CDSL) - are registered with the Securities and Exchange Board of India. A final decision on with whom the agreement will be signed will be taken soon.

'It will be deposited like your share certificates. You can access it from home, office and there will be no tension of losing or displacing the certificates,' the minister added.
 


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